Day is not over yet, but so far I am pleasantly surprised. I was expecting the typical earnings day news drop, but looking very good so far. I the last 10 years I think there have only been 3 maybe 4 positives are earnings day. Hoping for a new trend.
Hi Hana, I'm actually going to miss the open and conference call this morning. Instead of getting all wound up over meaningless price gyrations I'm going to walk my kids to school.... It's a solid quarter, whether the price goes up or down doesn't really matter because UNH is vacuuming up shares like crazy. If they keep this up, in 14 years or so, you and I will be the only shareholders. Steve
I would think that momentum investors would like to buy it above 60, indicating a breakout to new highs. And value investors would like to buy it lower given the great earnings. I think there are a lot of buyers, but at different prices and for different reasons.